Var Energi ASA (Var Energi ASA) Dividend Payout Ratio : 4.20 (As of Mar. 2024)

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What is Var Energi ASA Dividend Payout Ratio?

Var Energi ASA's dividend payout ratio for the months ended in Mar. 2024 was 4.20.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Var Energi ASA is 1.19, which seems too high.

The historical rank and industry rank for Var Energi ASA's Dividend Payout Ratio or its related term are showing as below:

VARRY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.53 Med: 0.81 Max: 1.18
Current: 1.18

During the past 6 years, the highest Dividend Payout Ratio of Var Energi ASA was 1.18. The lowest was 0.53. And the median was 0.81.

VARRY's Dividend Payout Ratio is ranked worse than
86.28% of 452 companies
in the Oil & Gas industry
Industry Median: 0.445 vs VARRY: 1.18

As of today (2024-06-14), the Dividend Yield % of Var Energi ASA is 13.04%.

During the past 6 years, the highest Trailing Annual Dividend Yield of Var Energi ASA was 17.28%. The lowest was 1.81%. And the median was 13.14%.

Var Energi ASA's Dividends per Share for the months ended in Mar. 2024 was $0.21.

During the past 12 months, Var Energi ASA's average Dividends Per Share Growth Rate was 6.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Var Energi ASA Dividend Payout Ratio Historical Data

The historical data trend for Var Energi ASA's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Var Energi ASA Dividend Payout Ratio Chart

Var Energi ASA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.20

1.10

Var Energi ASA Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial											1.47	2.69	1.29	0.51	4.20

Competitive Comparison of Var Energi ASA's Dividend Payout Ratio

For the Oil & Gas E&P subindustry, Var Energi ASA's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Var Energi ASA's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Var Energi ASA's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Var Energi ASA's Dividend Payout Ratio falls into.

Var Energi ASA Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Var Energi ASA's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.882	/	0.801
	=	1.10

Var Energi ASA's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.214	/	0.051
	=	4.20

Var Energi ASA (OTCPK:VARRY) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Var Energi ASA Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Var Energi ASA's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Var Energi ASA (Var Energi ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Var Energi ASA (OTCPK:VARRY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

VARo:Sweden VAR:Norway J4V:Germany

Address

Vestre Svanholmen 1, Sandnes, NOR, 4313

Website

https://www.varenergi.no

Var Energi ASA independent upstream oil and gas company on the Norwegian continental shelf. It operates within the geographical area of Norway and the business is entirely related to the exploration for and production of petroleum in Norway. Revenues are mainly related to the sale of oil, gas, and NGL.

Var Energi ASA (Var Energi ASA) Headlines

From GuruFocus

Var Energi ASA's Dividend Analysis

By GuruFocus Research • 11-02-2023